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EXPLORATION

Nilde a jewel of a field

OVERLOOKED for decades, the western Mediterranean Sea's shut-in Nilde oil field is well positioned to resurrect by taking advantage of technological changes and lower service costs and should break even at $US30/barrel, ADX executive chairman Ian Tchacos has told <i>Energy News</i>.

Haydn Black
Nilde a jewel of a field

As ADX CEO Paul Fink and Tchacos started digging into the data on the d363CR.AX permit, acquired last year, it became obvious that the carbonates are shallower and better quality in Italian waters than...

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